[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

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• 2026.07.13 15:37
• [The trading volume of green electricity in Xinjiang has exceeded 16 billion kilowatt hours]
• As of July 8, 2026, the green electricity trading volume in Xinjiang this year reached 16.17 billion kilowatt hours, which is twice the total trading volume of last year. Among them, the green power trading within the province reached 10.23 billion kilowatt hours, a year-on-year increase of 414%, ranking first among all provinces and regions in Northwest China in terms of trading scale; The inter provincial green power trading reached 5.94 billion kilowatt hours, a year-on-year increase of 41%, and the scale of intra provincial and inter provincial green power trading reached a new historical high for the same period. Editor/Cheng Liting

• 2026.07.13 15:36
• [The national electricity load has reached a historic high of 1.518 billion kilowatts]
• On July 10, 2026, the national electricity load hit a historic high for the first time this year, reaching a maximum of 1.518 billion kilowatts, an increase of 10 million kilowatts from the historical peak. Since the beginning of summer, the electricity load of the southern regional power grid and multiple provincial-level power grids such as Guangdong, Guangxi, Hainan, Ningxia, Gansu, Fujian, and Shaanxi has reached a historical high more than 20 times. Editor/Cheng Liting